May 7, 2026 Hammond Power Solutions Inc. (“HPS” or the “Company”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, announced its financial results for the first quarter 2026 on May 5, 2025. QUARTERLY HIGHLIGHTS: “HPS delivered a strong first quarter, with record sales driven by continued strength in the…
May 7, 2026 Festo provides Basis for Growth Strengthening Innovation Leadership and Competitiveness Festo achieved solid financial results in fiscal year 2025. Following a 3.7% decline in turnover due to economic conditions, Festo is focusing 2026 on expanding its leadership in innovation and competitiveness. To this end, the company is continuing to further develop its…
May 7, 2026 Automation for a world in motion Festo is an independent family-owned company and a global player in automation technology and technical education, with headquarters in Esslingen a.N. (Germany) – with over 20,000 employees at around 250 locations worldwide, a turnover of 3.33 billion euros and an R&D rate of over 8%. As…
May 5, 2026 In today’s fast-evolving energy and manufacturing landscapes, product safety, performance, and reliability are under greater scrutiny than ever before. For OEMs (Original Equipment Manufacturers) and players in the renewable energy sector, one certification has emerged as a gold standard—UL certification. Although not legally mandatory in all regions of North America, UL (Underwriters Laboratories) certification is…
May 5, 2026 Segment and Application The customer is a regional provider of engineered electrical solutions for mining and industrial applications in Mexico. They design and integrate customized power distribution equipment and electrical systems for harsh environments, including underground mining operations. As part of this work, they required compact power solutions for underground mining skids…
May 5, 2026 Automation technology builds a bright future for machine and system engineering Beckhoff Automation has closed the 2025 financial year successfully and has increased its global sales to €1.24 billion, with 6% growth compared to the 2024 financial year. “2025 was a solid financial year for Beckhoff,” summarizes Hans Beckhoff, Managing Director and…
May 5, 2026 CST Arwin Joins Weidmüller Canada as a Manufacturer Representative for Electronic Printed Circuit Board Connectors Weidmüller Canada is pleased to announce that CST Arwin will represent the Weidmuller PCB connectors and PCB terminal blocks across Canada as part of a strategic initiative to empower select partners to deliver enhanced value to customers….
May 5, 2026 Mencarelli Pompe e Valvole S.r.l, an Italian manufacturer of electric pumps and centrifuges based in Bresso near Milan, had an approximately 60-year old, 120-tonne hydraulic press, which was fundamentally sound but no longer state of the art in terms of control technology. In 2025, Mencarelli decided to modernise the press which, although…
May 4, 2026 The government will continue to protect and strengthen the sectors most affected by U.S. tariffs On May 4, 2026, the Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, and the Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for…
April 29, 2026 2026 is the 75th anniversary of the founding of WAGO. But that’s not the only reason to celebrate: The company’s latest financial results also bring welcome news. In the 2025 fiscal year, the WAGO Group achieved an 8% increase in revenue over the previous year; total revenue rose to EUR 1.34 billion….
April 29, 2026 Canada’s new government advances its mission to build Canada strong for all. Over the past year, Canadians have navigated a rapidly changing, and increasingly fragmented world. In response, Canada’s new government is focused on what we can control—building a stronger, more independent, more resilient economy. We are moving with speed and ambition…
April 29, 2026 By Krystie Johnston SmartD’s transformative Clean Variable Frequency Drive (VFD) is laying the groundwork for long-term progress in motor control SmartD Technologies is a Montreal-based power electronics company cofounded by Simon Leblond in 2018. Their innovative SiC semiconductors and modulation algorithms are revolutionizing how we approach motor control today. And this is…
April 28, 2026 Marcus Transformer Quality Marcus Transformer’s History They been making energy efficient electrical transformers with the best prices for over 50 years. For over 60 years of manufacturing a wide range of transformers and three generations of ownership, their philosophy has not changed. Their goal at Marcus Transformer has always been to provide…
April 28, 2026 Hammond Power Solutions (HPS) is one of the largest manufacturers of dry-type transformers in North America. They engineer and manufacture a wide range of standard and custom transformers that are exported globally in electrical equipment and systems. For example, they offer a lineup of units that address a broad range of unique…
April 27 2026 Backgrounder The government is launching Canada’s first national sovereign wealth fund—the Canada Strong Fund. This fund is about making sure that the returns from Build Canada Strong are shared with Canadians. A Clear Mission Designed to give all Canadians a direct stake in the Build Canada agenda, it is a Government of…
April 27 ,2026 The world is increasingly dangerous, divided, and uncertain. In response, Canada’s new government is focused on what we can control: building a stronger, more resilient, more independent Canadian economy. At the core of this new strategy are nation-building projects – new ports, mines, and trade and energy corridors that will unlock our…
